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Saturday, October 4, 2008 -

FYIWe in the real estate industry have been kept busy with strong sales of homes through the Multiple Listing Service® in the past three months. September residential sales were up 65.9% from the same month in 2007 and built on year-over-year sales increases in July and August.Edmonton and area, may be the only housing market in western Canada that has increased sales in the third quarter. After peaking at record sales numbers in early 2007 the market slowed through the first half of this year. ... Full Article...
posted in General at Sat, 04 Oct 2008 12:09:54 -0600

Wednesday, October 1, 2008 -

U.S Bailout ???Has anyone really explained the U.S. government bailout to you? Me neither! Let me see if I have this right. Let's say the $700 billion does not represent homes. It represents the bad home loans that have been securitized into paper instruments that are supposed to (look) like a good investment note. The problem is, the cat is now out of the bag, and everyone knows they are not a good investment; in fact they are at risk. Now enters the government with a rescue plan.Here is an ... Full Article...
posted in General at Wed, 01 Oct 2008 10:01:59 -0600

Thursday, September 18, 2008 -

August residential sales up 18.6% over last year. In August, homebuyers are distracted by warm weather, vacations and back-to-school preparations. Never-the-less, the REALTORS® Association of Edmonton reports that residential sales were up 18.6% in August as compared to August 2007. New listings were down for the month compared to last year resulting in a net drop of 889 properties available on the Multiple Listing Service® (MLS®) dropping below the 10,000 mark for the first time since March. ... Full Article...
posted in General at Thu, 18 Sep 2008 18:16:30 -0600

Sunday, September 14, 2008 - New Law

New law requires real estate agents to verify ID of buyers andsellers and track depositsOttawa ?  New federal laws and regulations dealing with money laundering and anti-terrorist financing that went into effect June 23rd 2008, will require real estate agents and brokers to collect and verify more personal information from buyers and sellers. Real estate agents must also now track the source of funds received during the course of a real estate transaction, such as the deposit.These new ...
posted in News at Sun, 14 Sep 2008 14:43:44 -0600

Wednesday, July 30, 2008 - The New Website!

Today marks the first day of the new website. The new site offers a wealth of fresh industry information that's constantly being updated. Have a great time checking it out!
posted in General at Wed, 30 Jul 2008 13:27:18 -0600

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